Question: PLEASE DON'T USE EXCEL !! THANKS IN ADVANCE !! Suppose a firm has just reported an EPS of $2.50 and expects to maintain a dividend

PLEASE DON'T USE EXCEL !!

THANKS IN ADVANCE !!

Suppose a firm has just reported an EPS of $2.50 and expects to maintain a dividend payout ratio of 40%. If the firm's price-earnings ratio is 9.3 and its return on equity is 12%, what is its required rate of return? 11.5%13.35%13.80%12%

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